The State Liberals are demanding the Premier Jay Weatherill kill off his toxic state bank tax when the Budget Measures Bill is debated in State Parliament today.
“It’s time for Jay Weatherill to cut his losses and abandon his toxic tax before he does further damage to the South Australian economy,” said State Liberal Leader Steven Marshall.
“South Australians know Jay Weatherill’s state bank tax will drive investment and jobs interstate and are overwhelmingly opposed to this destructive tax.
“People know they are going to pay for Jay Weatherill’s latest tax grab despite Labor’s tricky tactics.
“South Australia already has the highest unemployment rate in the country and simply can’t afford further job losses as a result of this desperate tax grab.
“Consumer and business confidence in South Australia is already incredibly fragile as a result of high unemployment, sky high electricity bills and Labor’s ESL tax grab.
“It is little wonder 65 per cent of small and medium-sized businesses in South Australia are against the new $370 million state bank tax.
“Jay Weatherill needs to listen to South Australians and remove his toxic state bank tax from the Budget Measures Bill today.
“If Mr Weatherill refuses to withdraw his massive new tax when it is debated today, the State Liberals will move to block the measure in the Upper House.”